Centum Electronics Ltd — Major Shareholding Notification 2023

Sep 6, 2023

To,
Listing Department,	Department of Corporate Services – Listing,
National Stock Exchange of India Limited,	BSE Limited,
Exchange Plaza,	P. J. Towers,
Bandra Kurla Complex,	Dalal Street,
Bandra (East), Mumbai – 400 051	Mumbai – 400 001

Re: Scrip Symbol: CENTUM/ Scrip Code: 517544

Dear Sir/ Madam,

Sub: Disclosure under the Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and amendments thereto ('Listing Regulations').

Pursuant to Regulation 30, read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform that Centum Electronics Limited (hereinafter referred to as "the Company") has received enclosed intimation from Mr.Nikhil Mallavarapu, immediate relative of the promoter of the Company for prior Intimation under Regulation 10(5) of Securities Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 for acquisition of 62,926 (0.49%) Equity shares of the Company by way of inter-se transfer of shares from Mr.Apparao V Mallavarapu by way of gift.

Kindly take the same on record and acknowledge the receipt of the same.

Yours faithfully,

For Centum Electronics Limited

INDU H S Digitally signed by INDU H S Date: 2023.09.06 09:51:25 +05'30'

Indu H S Company Secretary & Compliance Officer

Encl: as above

NIKHIL MALLAVARAPU

Date: 4^th September, 2023

From:

Nikhil Mallavarapu, No.354, 13th cross, 5th Main, HIG Colony, RMV 2nd Stage, Sanjay Nagar, Bangalore - 560 094

To,

Listing Department	Department of Corporate Services - Listing
National Stock Exchange of India Limited	BSE Limited
Exchange Plaza,	P.J. Towers,
Bandra Kurla Complex,	Dalal Street,
Bandra (East), Mumbai - 400 051	Mumbai - 400 001

Sub: Prior Intimation under Regulation 10(5) of Securities Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 for proposed acquisition of shares by way of gift

Ref: Target Company: Centum Electronics Limited, ISIN: INE320B01020

Dear Sir/Madam,

Thanking you,

I am an immediate relative and member of the Promoter Group, hereby submit prior intimation via disclosures as required under Regulation 10(5) of SEBI (SAST) Regulations, 2011 for acquisition of 62,926 Equity shares of the Company by way of inter-se transfer of shares amongst immediate relatives in the following manner:

Inter-se transfer of 62,926 (0.49%) equity shares from Apparao V Mallavarapu to Nikhil Mallavarapu

Kindly take note of the same on records and acknowledge the receipt of the same.

Yours sincerely, Nikhil Mallavarapu Enclosures : as above CC: To, The Company Secretary, Centum Electronics Limited No.44, KHB Industrial Area, Yelahanka New Town, Bangalore - 560 106

Disclosures under Regulation $10(5)$ – Intimation to Stock Exchanges in respect of acquisition under Regulation $10(1)(a)$ of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

1.	Name of the Target Company (TC)	CENTUM ELECTRONICS LIMITED
2.	Name of the acquirer(s)	Mr. Nikhil Mallavarapu
3.	Whether the acquirer(s) is $\alpha$ are promoters of the TC prior to the transaction. If not, nature of relationship or association with the TC or its promoters	The acquirer is immediate relative of the transferor and belongs to the Promoter Group. Acquirer, Mr. Nikhil Mallavarapu is the son of Mr. Apparao V Mallavarapu (Transferor)
4.	Details of the proposed acquisition
	Name of the person(s) from whom shares are a. to be acquired	Mr.Apparao V Mallavarapu
	Proposed date of acquisition b.	On or after 11 th September, 2023
	Number of shares to be acquired from each c. person mentioned in $4(a)$ above	Mr.Nikhil Mallavarapu: 62,926
	Total shares to be acquired as % of share d. capital of TC	Mr.Nikhil Mallavarapu: 0.49%
	Price at which shares are proposed to be e. acquired	Nil Inter-se transfer of shares amongst immediate relatives as Gift. Therefore, no consideration is involved.
	Rationale, if any, for the proposed transfer f.	The proposed acquisition is only a private family arrangement.
5.	Relevant sub-clause of regulation $10(1)(a)$ under which the acquirer is exempted from making open offer	Regulation $10(1)(a)(i)$ Immediate Relatives
6.	If, frequently traded, volume weighted average market price for a period of 60 trading days preceding the date of issuance of this notice as traded on the stock exchange where the maximum volume of trading in the shares of the TC are recorded during such period.	Not Applicable The shares are proposed to be transferred by way of Gift and therefore no consideration is involved.
7.	If in-frequently traded, the price as determined in Not Applicable terms of clause (e) of sub-regulation $(2)$ of regulation 8.	The shares are proposed to be transferred by way of Gift and therefore no consideration is involved.
8.	Declaration by the acquirer, that the acquisition price would not be higher by more than 25% of the price computed in point 6 or point 7 as applicable.	Not Applicable The shares are proposed to be transferred by way of Gift and therefore no consideration is involved.

9. 10.	Declaration by the acquirer, that the transferor and transferee have complied / will comply with applicable disclosure requirements in Chapter V Regulations, Takeover of the 2011 of the (corresponding provisions repealed Takeover Regulations 1997) Declaration by the acquirer that all the conditions	We hereby declare that the transferors and transferees have complied / will comply with the applicable disclosure requirements in Chapter V of the Takeover Regulations, 2011 We hereby declare that all the conditions
	specified under regulation $10(1)(a)$ with respect to exemptions has been duly complied with.	specified under Regulation $10(1)(a)$ with respect to exemptions has been duly complied with.
11.	Shareholding details	No. of shares /voting rights	Before the proposed transaction $\%$ w.r.t total share capital of TC	No. of shares /voting rights	After the proposed transaction % w.r.t total share capital of TC
	$ Acquire(s)$ and PACs (other than sellers)(*) a Mr.Nikhil Mallavarapu	5,89,929	4.58	6,52,855	5.07
	$\mathbf b$ Seller $(s)$ Mr. Apparao V Mallavarapu	59,60,475	46.26	58,97,549	45.77

Note:

• $(*)$ Shareholding of each entity may be shown separately and then collectively in a group.
• The above disclosure shall be signed by the acquirer mentioning date $\&$ place. In case, there is more than one acquirer, the report shall be signed either by all the persons or by a person duly authorized to do so on behalf of all the acquirers.

$v$ ildid $\rightarrow$

Nikhil Mallavarapu

Date: 4th September, 2023 Place: France